EverGrow Coin has seen tremendous success in its first few weeks of launching. Despite their market price dropping, their community is still receiving rewards for holding the token and remains hopeful that their long-term investment in EverGrow Coin will pay off.
HUH Token launched on the 6th of December and is also growing a large community that support their long-term project goals. HUH Token hopes to create generational wealth for everyone who has joined their community. That community is known as the HUH Nation.
EverGrow Coin was enjoying an excellent launch when some of the community members and external investors wanted to purchase the token. Perplexed as to why no one could purchase the token, many took to the internet to seek answers.
HUH Token experienced similar issues with its launch. Despite an outstanding performance and a 400% increase in market price over only a 6-hour period, many were unable to purchase the token and could not figure out why. The answer for both EverGrow Coin and HUH Token turned out to be the same issue, a slippage issue.
Slippage is the leeway given on either side of a trade, as when you execute the trade the value of a given asset may change in the time it takes for that transaction to complete on the blockchain. Therefore, if you were to purchase 1000 EverGrow Coin with a 10% slippage, you could receive the lower end of 900 tokens or the higher end of 1100 tokens. If the resulting value falls outside of these barriers, the transaction will not be completed and you will have to try again at a less volatile time or adjust the slippage.
EverGrow Coin and HUH Token both appreciated in value so quickly soon after their launch that they fell outside the standardised slippage range that PancakeSwap offers. In most cases, these standard values are often fine. However, when you have an incredibly high growth rate, these percentages will never keep pace with the increasing value.
The solution to this problem was pretty simple, but if unknown then it would cause frustration for many who were trying to join these projects at the lowest possible point. In order to allow these transactions to be completed, buyers will have to use the custom slot available when selecting slippage.
The amount required will vary and is only an issue when the price is increasing or decreasing rapidly. Some have found that setting the slippage to approximately 20% will certify transactions going through. Although, remember that the higher the slippage the lower amount of a cryptocurrency you could end up with. It is recommended that you try to keep it as low as possible.
The Take Away
The issue has been identified and a solution has been provided. Therefore, those who want to become involved in HUH Token can now do so as they are still new on the crypto market. Those who feared missing out because of this error can now become a part of their community by just adjusting the slippage.
EverGrow Coin saw one of the fastest purchase rates ever recorded and continues to provide rewards to its holders. Those who want to join HUH Token as they appear to be following a similar timeline can do so on PancakeSwap and potentially reap the rewards as they develop into a larger crypto.
Follow HUH Token on their Socials:
Website: https://huh.social
Telegram: https://t.me/HUHTOKEN
Twitter: https://twitter.com/huhtoken
Instagram: https://www.instagram.com/huhToken/
